FTX: inside the crypto exchange that ‘accidentally’ lost $8 billion | Curio

FTX: inside the crypto exchange that ‘accidentally’ lost $8 billion

16 mins | Nov 24, 2022

The focus of the investigations is the crypto exchange’s balance sheet. The most innocent version of events that the FTX founder can present is that the missing customer funds were simply an oversight. But as Joshua Oliver, Nikou Asgari and Kadhim Shubber reveal, the chaotic collapse of Sam Bankman-Fried’s company has shown a lack of basic security controls and bookkeeping.

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From Financial Times

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